Morgan Stanley Investment Management Inc. plans to launch a portfolio that will mainly invest in dollar-denominated investment grade mortgage securities of the U.S. government and private issuers and in mortgage derivatives.
The Advisory Portfolio V seeks returns consistent with returns generated by the market for mortgage securities, according to a Securities and Exchange Commission filing from Thursday.
A decline in Middle East travel and higher fuel prices should not put a major dent in the company's performance, execs said Thursday.
The Charlotte-based bank is hoping to bring request for payment technology into the mainstream. Early Warning sees bill pay as another use case to expand its payment network beyond its peer-to-peer roots.
After Silicon Valley Bank collapsed in 2023, its remains were acquired by First Citizens Bancshares, which kept using the failed bank's name and logo. At the end of 2026, that's coming to an end.
An uptick in problem loans within the heavily scrutinized office sector pushed down share prices at Rhode Island-based Washington Trust and Bank OZK in Little Rock, Arkansas, even though both banks reported solid profits.
Both banks deny their networks were breached. Experts say the data likely points to a single vendor that was compromised.
James filed a pair of lawsuits against Coinbase and Gemini arguing that they violated New York's sports gambling laws.
